West Islip, NY Cost of Living

West Islip cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

The above illustration supplies generalized information for the West Islip, NY cost of living index. Compared to other cities in New York and cities across the country, the cost of living index in West Islip, NY is 149, which is 24% higher than the New York average and 49% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in West Islip, NY are 11% higher than the average for New York and 22% higher than the rest of the country.

Did you know?

The cost of living in West Islip is 24% higher than the New York average.

The cost of living in West Islip is 49% higher than the national average.

The cost of housing in West Islip is 108% higher than the national average.

Compare West Islip, NY Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator allows you to compare how much your current salary in West Islip, NY would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than West Islip, NY, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The West Islip, NY salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$110,130

$9,178

$2,570

$3,304

Renters

$57,601

$4,800

$1,344

$1,728

The affordability of the housing market in West Islip, NY as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among West Islip, NY homeowners, the median income is $110,130. This indicates that a monthly maximum of $2,570 should be spent by homeowners on all housing related costs. Renters have a median income of $57,601. This indicates that renters should have a maximum of $1,344 used for their rent related monthly costs.

New York Sales Tax

State

General Sales Tax

With Max Surtax

New York

4%

8.875%

New York Income Tax

State

Income Tax (Low)

Income Tax (High)

New York

4%

8.82%

When you are determining the total cost of living in West Islip, NY you will want to make sure you consider both the New York sales tax and the New York income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in New York is 4%, with the highest surtax being 8.875%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in New York have a range from 4% to 8.82%.

Goods & Services

Item

West Islip

National avg.

Difference

Haircut

$19.59

$15.56

25.9%

Beauty Salon

$64.49

$36.11

78.6%

Toothpaste

$3.04

$2.47

22.8%

Shampoo

$0.98

$0.96

1.2%

Movie

$12.88

$10.13

27.2%

Bowling

$7.01

$4.74

48.0%

Groceries

Item

West Islip

National avg.

Difference

Ground Beef

$5.75

$3.98

44.3%

Fried Chicken

$1.66

$1.41

17.7%

Milk

$2.70

$2.06

30.8%

Potatoes

$5.37

$2.98

80.1%

Pizza

$9.80

$9.47

3.4%

Beer

$9.94

$8.79

13.0%

Health Care

Item

West Islip

National avg.

Difference

Optometrist

$114.84

$101.04

13.7%

Doctor

$124.85

$107.44

16.2%

Dentist

$110.04

$90.42

21.7%

Ibuprofen

$10.40

$9.28

12.1%

Lipitor

$413.65

$426.50

3.0%

Housing

Item

West Islip

National avg.

Difference

Home Price

$418,100.00

$175,700.00

138.0%

Avg. Mortgage Payment

$2,269.26

$1,133.23

100.2%

Apartment Rent

$1,274.00

$920.00

38.5%

Transportation

Item

West Islip

National avg.

Difference

Gasoline

$2.19

$1.99

10.0%

Tire Balancing

$52.50

$45.76

14.7%

Utilities

Item

West Islip

National avg.

Difference

All Electricity

$237.81

$163.81

45.2%

Phone

$29.01

$28.39

2.2%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.